Clas Ohlson reports a clear profit increase for the first quarter of the broken fiscal year, completed in July. The stock rises by 6.4 percent in the initial stock market trading after the report.
Among the most traded stocks in the OMXS30 index, the industrial group ABB and the defense group Saab rise by 1.8 and 0.9 percent, respectively.
At the same time, the Danish pharmaceutical giant Novo Nordisk has presented a drastic measure where 9,000 jobs in the group will be eliminated to ultimately provide annual savings of eight billion Danish kronor by the end of next year. The stock rises by just over 1 percent on the Copenhagen Stock Exchange.
And this afternoon, Klarna will start trading on the New York Stock Exchange in a listing where the Swedish payment giant's stock has been priced at $40, which means a market value of the entire company of over 140 billion kronor.
Increased hopes that the US central bank, the Federal Reserve (Fed), will lower the interest rate contribute to raising the stock market mood globally.
During the night's trading on leading Asian stock exchanges, it has been upward, and the stock exchanges on Wall Street ended Tuesday's trading upward.
In the surrounding world, it is primarily technology stocks that drive the development, among other things, since the American cloud service giant Oracle presented an unexpectedly positive forecast on Tuesday.
On Tuesday, the OMXS index fell by 0.2 percent. With Wednesday's increase, the index is up 3.2 percent since the beginning of the year.
